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Day: May 10, 2014
May 102014
ECB Spoils Week for Euro
The euro experienced very negative week even though it has not been expected to be so at the beginning of this week’s trading. Yet comments from European Central Bank President Mario Draghi destroyed any hope for the shared European currency to rally or at least move sideways. The euro started the week on a relatively strong footing, rising due to positive fundamentals as well as on expectations that the ECB will refrain from monetary […]
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May 102014
Forex Technical Analysis for Week 05/12â05/16
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3421 1.3583 1.3669 1.3831 1.3916 1.4078 1.4164 GBP/USD 1.6625 1.6728 1.6789 1.6892 1.6953 1.7056 1.7117 USD/JPY 100.57 101.00 101.40 101.83 102.23 102.66 103.06 EUR/JPY 136.68 138.28 139.16 140.76 141.63 143.23 144.11 GBP/JPY 169.08 170.14 170.84 171.91 172.61 […]
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May 102014
Forex Brokers Update — May 10th, 2014
Several updates for reporting this week: FxPro lowers the minimum account size for ECN from $1,000 to $100 and adds more currency pairs. TFIFX removed Russian and Chinese versions of its website. Investors Europe removed Spanish versions of its website. Synergy FX added Chinese website. FXDD no longer accepts US clients and is selling its US customer base to FXCM. If you have any questions […]
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